Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

Benchmark Hikes Hut 8 Corp. (HUT) Price Target amid $7B Data Center Deal [Yahoo! Finance]

Stifel Financial Corporation (SF) 
Last stifel financial corporation earnings: 7/30 06:00 am Check Earnings Report
US:NYSE Investor Relations: stifel.com/investor-relations
Company Research Source: Yahoo! Finance
The price target hike is in response to the company signing a $7 billion data center deal, which is expected to strengthen its digital infrastructure business in addition to its crypto-focused business. SFIO CRACHO/Shutterstock.com The company has signed a 15-year, $7 billion lease agreement with Fluidstack for 245 megawatts of IT capacity at its River Bend data center. Google is to provide the financial backstop covering obligations during the 15-year lease term. In addition to the growing digital infrastructure business, the analyst also views the company's stake in Bitcoin mining company American Bitcoin as a positive going forward. “The transaction combined superior deal economics relative to peer deals, long-dated, investment-grade-backstopped cash flows, and multiple layers of embedded expansion optionality across three counterparties – Anthropic, Fluidstack, and Google,” Palmer noted. Likewise, research firm Keefe, Bruyette & Woods has increased Hut 8's price target to Show less Read more
Impact Snapshot
Event Time:
SF
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for SF alerts
Opt-in for
SF alerts

from News Quantified
Opt-in for
SF alerts

from News Quantified